$1,000 follows their calls into $1,065
All in the world market (VT). No called asset is counting right now.
LondonCryptoClub@LDNCryptoClubSome move in US bonds following the CPI print yesterday 🧐 Stretched positioning or some rotation perhaps? Either way, US yields and the dollar have more than fully unwound the post CPI pop We were mostly worried about the “dollar wrecking ball” and despite this mornings
LondonCryptoClub@LDNCryptoClubSome days it’s hard to square the circle on markets with moves that don’t quite make sense Last couple of days have felt like that That’s when you have to remember sometimes it’s just noise, with position adjustments and rotations muddying the waters From a broad macro
LondonCryptoClub@LDNCryptoClubInflation hot 🔥 US CORE CPI YOY ACTUAL 2.6% (FORECAST 2.5%, PREVIOUS 2.4%) As per earlier tweet, given what’s priced for rates, not really going to move the needle for the Fed and likely we completely reverse kneejerk moves Dollar bouncing on the print and for broad risk
LondonCryptoClub@LDNCryptoClubFollowing yesterday’s post on the “dollar wrecking ball” Dollar easing this morning taking some pressure off the neck of Bitcoin One thing that seems clear, the underlying bid for Bitcoin is strong af Usually a dollar move like we’ve seen would have at least had us testing
LondonCryptoClub@LDNCryptoClubBTC short creating the pseudo short gamma position that then gets squeezed and propels the next leg higher
